However, the 800-mile project, spearheaded by Royal Dutch Shell, ConocoPhillips and Exxon Mobil jumped a major hurdle late Wednesday.
Posts from ‘December, 2009’
This just in from Shell online… Change to Daily Dilbert cartoon Please note: As of January 1, 2010, Daily Dilbert is no longer available on the Shell Online homepage itself. Instead, those wishing to access the cartoon can do so by visiting the external site www.dilbert.com. Although polls have shown that Dilbert has been one [...]
The 4th Circuit Court of Appeals ruled that the federal Communications Decency Act gives the site immunity from liability for libel based on posts by users. The ruling upholds a decision issued last year by U.S. District Court Judge Gerald Bruce Lee in Alexandria, Va.
Financial Times By Hugh Williamson Published: December 30 2009 22:06 It is dusk in London and Amnesty International has mobilised hundreds of protesters in its campaign against Shells allegedly damaging business practices in the Niger Delta. They march in a snake formation, some carrying flaming torches, others a replica pipeline on their shoulders. Their aim [...]
Shell gas flaring in the Niger Delta. The practice has proved controversial. Photograph: Pius Otomi Ekpei/AFP/Getty Images Shell must face Friends of the Earth Nigeria claim in Netherlands Shell disappointed at Hague court ruling on Oruma oil spill compensation case Terry Macalister guardian.co.uk, Wednesday 30 December 2009 22.00 GMT A judge in the Netherlands has [...]
Russia, holder of the worlds biggest gas reserves, in February inaugurated an LNG plant on Sakhalin Island, entering Asia Pacific markets after relying on pipelines to Europe for decades. The $22 billion Sakhalin-2 project began year-round oil exports in December last year after previously being limited to seasonal shipments because of ice. Sakhalin-2 partners, who include Royal Dutch Shell Plc, had planned to send 55 LNG tankers from the plant this year. Gazprom owns 50 percent plus one share of Sakhalin Energy, while Shell owns 27.5 percent, Mitsui & Co. 12.5 percent and Mitsubishi Corp. 10 percent.
AMSTERDAM, Dec 30 (Reuters) – Royal Dutch Shell (RDSa.L) and its Nigerian unit will face compensation demands in a Dutch court for alleged damage caused by oil spills in Nigeria after the court ruled on Wednesday it was competent to handle the cases.
AMSTERDAM -(Dow Jones)- A Dutch court Wednesday said it has jurisdiction to rule on alleged oil spills by Royal Dutch Shell PLC’s (RDSB) subsidiary in Nigeria, a ruling which could set a legal precedent for multinationals in the Netherlands.
Documents released by Royal Dutch Shell Plc under the Data Protection Act to John Donovan, a prominent critic of the world’s largest oil company, show that Shell does not deny that his intervention in the Sakhalin2 project in Russia cost Shell billions – according to the Sunday Times – $22 billion. Shell internal correspondence from [...]
QUOTE FROM ROYAL DUTCH SHELL CEO PETER VOSER IN A COMMENT TO SHELL EMPLOYEES: I was very positively surprised by how you kept your eyes on the operational performance on the day-to-day job you had to do while going through the uncertainties of the last few months… Introduction by John Donovan: Printed below [...]
Equilon Enterprises LLC, d.b.a. Shell Oil Products US, and tied to Royal Dutch Shell (NYSE: RDS-A) is also listed as a top holder with 19.95% of the company prior to this offering.
Pensions&Investments Md. drops Shell holdings over Iran December 28, 2009, 12:01 AM ET Maryland State Retirement and Pension System, Baltimore, divested more than 1 million shares of common stock valued at more than $38.3 million and $3.5 million in bonds of Royal Dutch Shell and its affiliates because the company does business in Iran, the [...]
By John Donovan Extracts from a current Reuters report… Iraqi and Iranian forces are dug in on either side of a disputed inactive oil well in the sensitive border area, with Iraqis vowing to fight if necessary to fend off another occupation of the well by Iranian soldiers. The seizure of the well, which Iraq [...]
Shell Asset Management Co., the manager of Royal Dutch Shell PLCs various pension funds, has taken its stake in hybrid electric power company Enova Systems to almost 20% following a $10 million capital raising exercise.
Nigeria, whose population of about 140 million people makes it Africas most populous country, is almost evenly split between the mainly Muslim north and a largely Christian south. The Movement for the Emancipation of the Niger Delta, or MEND, said Dec. 19 it attacked a pipeline in the southern oil region used by Royal Dutch Shell Plc and Chevron Corp.